Acropolis Investment Management LLC Has $633,000 Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Acropolis Investment Management LLC lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,799 shares of the exchange traded fund’s stock after selling 320 shares during the period. Acropolis Investment Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $633,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in EEM. Fairscale Capital LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth about $26,000. Innealta Capital LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $32,000. Teachers Insurance & Annuity Association of America bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $37,000. Covenant Partners LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 3,291.7% in the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 790 shares during the last quarter. Finally, Jamison Private Wealth Management Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 836.5% in the second quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 870 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.2 %

Shares of NYSEARCA:EEM opened at $43.26 on Friday. The business’s 50 day moving average is $44.93 and its 200 day moving average is $43.54. iShares MSCI Emerging Markets ETF has a 12-month low of $37.48 and a 12-month high of $47.44.

About iShares MSCI Emerging Markets ETF

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index).